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DJT

Trump Media & Technology Group (NASDAQ:DJT) reported a $327.6 million loss in its first earnings report since going public, primarily due to non-cash expenses from its merger with Digital World. The company generated $770,500 in revenue from its nascent advertising initiative and remains focused on long-term product development.

Portfolio Pulse from Kaustubh Bagalkote

May 21, 2024 | 1:47 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

The cryptocurrency market experienced a significant rally, driven by increased odds of spot Ethereum ETF approval. Bitcoin surged past $71,000, nearing its all-time high, while Ethereum gained over 20%, breaking $3,700. The Nasdaq Composite also closed at a record high, influenced by optimistic analyst calls on NVIDIA Corp. (NASDAQ: NVDA).

Portfolio Pulse from Aniket Verma

May 21, 2024 | 1:38 am

NFLX

Netflix's hit series 'Baby Reindeer' could face legal action due to defamation claims by Fiona Harvey, who alleges she is the inspiration for a character in the show. Piers Morgan has highlighted this as a significant issue for Netflix, Richard Gadd, and Clerkenwell Films. Legal experts suggest potential claims for defamation and invasion of privacy.

Portfolio Pulse from Ananya Gairola

May 21, 2024 | 1:25 am

GOOG

GOOGL

MGNI

NFLX

TTD

Netflix shares hit a 52-week high following updates on its ad-supported plan and a new NFL deal. Analyst Tim Nollen from Macquarie praises the company's advertising strategy and partnerships with The Trade Desk, Google, and Magnite. Netflix's recent moves are seen as positive steps to enhance its ad business.

Portfolio Pulse from Chris Katje

May 21, 2024 | 1:11 am

SCNI

Trading for SCNI was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:50 pm

DWAC

Trump Media & Technology Group reported a Q1 EPS of $(3.61) and revenue of $770.5K, down from $1.12M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:03 pm

ACB

CRON

SNDL

TLRY

The article discusses the impact of trading volume on cannabis stocks, highlighting both high-liquidity and low-liquidity stocks. High-liquidity stocks like SNDL, Tilray Brands, Cronos Group, and Aurora Cannabis offer reduced transaction costs and flexibility but can be volatile. Low-liquidity stocks like Medical Marijuana, Trees, Curaleaf Holdings, and Green Thumb Industries may offer high returns but come with higher transaction costs and potential price impacts.

Portfolio Pulse from Nicolás Jose Rodriguez

May 20, 2024 | 10:54 pm

AMC

AMC Entertainment Holdings (NYSE:AMC) saw a 9.7% rally in its stock on Monday, driven by the success of a Billie Eilish Listening Event. Despite a weak Q2 box office due to Hollywood strikes, AMC's innovative events and food sales could mitigate the impact. The company plans more such events with top musical artists.

Portfolio Pulse from Chris Katje

May 20, 2024 | 10:26 pm

BTCUSD

ETHUSD

The SEC's recent actions to advance the process for the first U.S. Ether ETF have led to a significant rally in cryptocurrency prices. The SEC instructed asset managers to revise their 19b-4 filings, raising hopes for an Ether ETF approval. This has resulted in an 18% surge in Ether and a more than 5% increase in Bitcoin prices.

Portfolio Pulse from Michael Cohen

May 20, 2024 | 10:12 pm

WKHS

Workhorse Group (NASDAQ: WKHS) reported Q1 2024 GAAP EPS of $(0.10), missing the $(0.09) estimate. Sales were $1.339M, missing the $4.134M estimate by 67.61% and down 20.91% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:05 pm